702 W North Ave, Lampasas TX 76550

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $373,381. I'd recommend coming to market at $426,000 to $470,000 to strike the right balance between value and market velocity. In the current 76550 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 277 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1950, this home is 20 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 76550; a buyer's market based on recent absorption. The trend in 76550 shows prices have risen 11.7% in the past 6 months. 208 W 5th ST, Lampasas TX 76550 nearby adjusts to $309,849; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group